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Corporate ActionJul 30, 2026, 06:08 AM

Futurewave Acquisition Corp Announces Separate Trading of Units

AI Summary

Futurewave Acquisition Corporation announced that holders of its units may elect to separately trade the ordinary shares, rights, and warrants included in the units. This separate trading is expected to commence on or about July 31, 2026. Units not separated will continue to trade under "FWACU", while the individual components will trade under "FWAC" (ordinary shares), "FWACR" (rights), and "FWACW" (warrants).

Key Highlights

  • Separate trading of Futurewave Acquisition Corp units commences around July 31, 2026.
  • Units not separated will continue to trade on Nasdaq under "FWACU".
  • Separated ordinary shares will trade as "FWAC".
  • Separated rights will trade as "FWACR".
  • Separated warrants will trade as "FWACW".
  • Each unit consists of one ordinary share, one right (for 1/4 share), and one redeemable warrant.
  • Each whole warrant entitles purchase of one ordinary share at $11.50.